Texas Permanent School Fund lessened its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 7.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 121,925 shares of the company’s stock after selling 9,755 shares during the period. Texas Permanent School Fund owned approximately 0.06% of Janus Henderson Group worth $4,665,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. Bartlett Co. LLC purchased a new position in Janus Henderson Group in the 3rd quarter worth $101,000. First Manhattan Co. purchased a new position in shares of Janus Henderson Group during the 3rd quarter valued at about $123,000. Envestnet Asset Management Inc. purchased a new position in shares of Janus Henderson Group during the 3rd quarter valued at about $131,000. Profit Investment Management LLC raised its stake in shares of Janus Henderson Group by 6.9% during the 4th quarter. Profit Investment Management LLC now owns 59,330 shares of the company’s stock valued at $2,270,000 after buying an additional 3,833 shares during the last quarter. Finally, Trust Co. of Vermont purchased a new position in shares of Janus Henderson Group during the 3rd quarter valued at about $143,000. Hedge funds and other institutional investors own 46.63% of the company’s stock.
Shares of Janus Henderson Group plc (NYSE:JHG) opened at $34.43 on Tuesday. The stock has a market capitalization of $6,840.00, a P/E ratio of 13.89, a price-to-earnings-growth ratio of 0.93 and a beta of 2.05. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.17 and a quick ratio of 1.48. Janus Henderson Group plc has a 12-month low of $24.02 and a 12-month high of $41.64.
Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Tuesday, February 6th. The company reported $0.73 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.66 by $0.07. The business had revenue of $505.30 million during the quarter, compared to the consensus estimate of $565.83 million. Janus Henderson Group had a net margin of 36.34% and a return on equity of 11.45%. The business’s revenue for the quarter was up 21.8% on a year-over-year basis. equities research analysts expect that Janus Henderson Group plc will post 2.96 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 2nd. Investors of record on Friday, February 16th will be paid a dividend of $0.32 per share. The ex-dividend date is Thursday, February 15th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.72%.
A number of research firms have recently commented on JHG. ValuEngine upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Friday. Gabelli reiterated a “hold” rating on shares of Janus Henderson Group in a report on Friday. Credit Suisse Group lowered their price objective on Janus Henderson Group from $38.00 to $37.00 and set a “neutral” rating on the stock in a report on Wednesday, February 7th. Citigroup cut Janus Henderson Group from a “buy” rating to a “neutral” rating and set a $41.00 target price on the stock. in a report on Thursday, January 25th. Finally, Keefe, Bruyette Woods restated a “hold” rating and set a $41.00 target price on shares of Janus Henderson Group in a report on Tuesday, January 9th. Ten investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $37.30.
ILLEGAL ACTIVITY NOTICE: This piece was first posted by Week Herald and is the property of of Week Herald. If you are accessing this piece on another website, it was illegally stolen and republished in violation of international trademark copyright laws. The legal version of this piece can be viewed at https://weekherald.com/2018/02/13/janus-henderson-group-plc-jhg-shares-sold-by-texas-permanent-school-fund.html.
Janus Henderson Group Company Profile
Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients.
Receive News Ratings for Janus Henderson Group Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Janus Henderson Group and related companies with MarketBeat.com’s FREE daily email newsletter.